Tag Archives: plans

Layoff news: Aviation giant Lufthansa Group on September 29 said that it plans to cut around 4,000 administrative jobs in Germany by 2030, according to an AP report. This comes amid increased use of artificial intelligence (AI), digitalisation and consolidation of work among member airlines, the company said. It added that demand and profit outlook is expected to be strong …

Stocks listed in Europe were higher on Monday, as investors monitored the impact of a potential U.S. government shutdown later in the week. The pan-European Stoxx 600 was up about 0.3% by 9:25 a.m. in London (4:25 a.m. Eastern time), with most sectors in positive territory. The FTSE 100 had gained 0.4%, with the DAX and the CAC 40 both …

From tech giants to startups, South Korean players are developing large language models tailored to their own language and culture, ready to compete with global heavyweights like OpenAI and Google.  Last month, the nation launched its most ambitious sovereign AI initiative to date, pledging ₩530 billion, (about $390 million), to five local companies building large-scale foundational models.   The move underscores …

Exclusive: OPEC+ plans another oil output hike in November, sources say  Reuters Oil Falls on Signs OPEC+ Set to Raise Output Again in November  Bloomberg.com OPEC will likely raise production by at least 137K bpd on Oct 5 – report  investingLive OPEC’s long-awaited production boost tonic for oil-stock prices  Hart Energy Market Chatter: OPEC+ to Reportedly Fall Short of Crude Output Target  富途牛牛 Source link

President Donald Trump plans to attend a surprise gathering of top generals and admirals this week, two sources familiar with the matter said, adding a new dynamic to a meeting that’s been described as a “pep rally” for top military brass. The gathering, set for Tuesday in Virginia, was originally intended as a way for Defense Secretary Pete Hegseth to …

Trump Plans to Attend Gathering of U.S. Military Officers  The New York Times Trump to attend gathering of top generals, upending last-minute plans  The Washington Post Defense Secretary Pete Hegseth to tell hundreds of generals about the ‘warrior ethos’ in rare gathering: Sources  ABC News – Breaking News, Latest News and Videos Hegseth’s mystery military meeting broadcasts a damaging message of U.S. instability  MSNBC …

Electronic Arts is close to reaching a $50 billion deal that will turn it into a privately held company, according to The Wall Street Journal. The video game company filed for an IPO way back in 1990 and has been public ever since, but now a group of investors are in talks with the company to take it private. Those …

WASHINGTON — Defense Secretary Pete Hegseth and his senior staff had been discussing for months the unusual meeting they have planned for next week that hundreds of senior officers will be required to attend, officials familiar with the planning said. But the plans and timing were only finalized in recent days, leaving top generals and admirals scrambling to find aircraft …

Roche, Novartis underline U.S. plans after Trump pharma tariff announcement  Reuters A 100% tariff on some imported drugs is coming October 1, Trump says  CNN Wary European Drugmakers Think They Can Avoid Trump’s Latest Tariffs  The New York Times Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks  AP News Stock Market Today: Dow Rises After Trump Unveils New …

Exclusive: BRICS-backed bank plans first Indian rupee-denominated bond by end-March, sources say  Reuters Source link